Can I retire at age 57 with 825,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$68,128$67,521$66,929$66,351$65,787$63,352
2 years$33,727$33,098$32,490$31,899$31,327$28,901
3 years$22,261$21,630$21,023$20,438$19,875$17,535
4 years$16,529$15,900$15,299$14,725$14,175$11,938
5 years$13,091$12,466$11,873$11,310$10,776$8,648
6 years$10,800$10,180$9,595$9,045$8,526$6,510
7 years$9,164$8,549$7,974$7,436$6,934$5,028
8 years$7,938$7,328$6,762$6,238$5,753$3,955
9 years$6,984$6,380$5,824$5,313$4,845$3,153
10 years$6,222$5,624$5,078$4,580$4,128$2,539
11 years$5,599$5,007$4,470$3,986$3,550$2,061
12 years$5,080$4,494$3,967$3,496$3,076$1,683
13 years$4,641$4,061$3,545$3,087$2,683$1,381
14 years$4,265$3,691$3,185$2,740$2,352$1,138
15 years$3,940$3,372$2,875$2,444$2,071$940
16 years$3,655$3,094$2,607$2,188$1,830$779
17 years$3,404$2,849$2,372$1,966$1,623$647
18 years$3,182$2,633$2,166$1,772$1,443$538
19 years$2,983$2,440$1,982$1,601$1,286$448
20 years$2,804$2,267$1,819$1,450$1,149$374
21 years$2,642$2,112$1,674$1,316$1,028$312
22 years$2,496$1,972$1,542$1,196$921$261
23 years$2,362$1,844$1,424$1,090$827$218
24 years$2,239$1,728$1,317$994$743$182
25 years$2,127$1,621$1,220$908$669$153
26 years$2,023$1,524$1,131$830$603$128
27 years$1,928$1,434$1,051$760$543$107
28 years$1,839$1,351$977$696$490$90
29 years$1,756$1,275$909$638$443$75
30 years$1,679$1,204$847$586$400$63
31 years$1,608$1,138$789$538$362$53
32 years$1,540$1,077$736$494$327$44
33 years$1,477$1,020$688$455$296$37
34 years$1,418$967$642$418$268$31
35 years$1,363$917$601$385$243$26
36 years$1,310$870$562$355$220$22
37 years$1,261$826$526$327$199$18
38 years$1,214$785$492$301$181$15
39 years$1,170$747$461$278$164$13
40 years$1,128$711$432$256$149$11
41 years$1,088$676$406$236$135$9
42 years$1,050$644$380$218$122$8
43 years$1,014$614$357$201$111$6
44 years$980$585$335$186$101$5
45 years$948$558$315$172$92$4
46 years$917$532$295$159$83$4
47 years$887$508$278$147$75$3
48 years$859$485$261$135$69$3
49 years$831$463$245$125$62$2
50 years$805$442$231$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $825,000, adding $4,841 every year, while hoping to spend $23,503 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 62/20/18 Blend
56$825,000$825,000$825,000$825,000
57$914,143$870,418$857,631$966,343
58$982,379$888,062$861,355$1,019,731
59$1,056,787$905,782$864,415$1,074,919
60$1,137,972$923,558$866,766$1,134,619
61$1,226,600$941,367$868,357$1,199,272
62$1,323,403$959,184$869,137$1,269,363
63$1,429,189$976,983$869,052$1,345,428
64$1,544,844$994,733$868,043$1,428,058
65$1,671,348$1,012,405$866,052$1,517,903
66$1,809,776$1,029,964$863,016$1,615,679
67$1,961,315$1,047,373$858,868$1,722,177
68$2,127,269$1,064,595$853,541$1,838,268
69$2,309,076$1,081,586$846,960$1,964,911
70$2,508,320$1,098,301$839,051$2,103,166
71$2,726,744$1,114,693$829,734$2,254,198
72$2,966,268$1,130,709$818,927$2,419,293
73$3,229,007$1,146,294$806,541$2,599,869
74$3,517,292$1,161,388$792,486$2,797,487
75$3,833,687$1,175,928$776,666$3,013,871
76$4,181,021$1,189,846$758,981$3,250,919
77$4,562,405$1,203,069$739,328$3,510,723
78$4,981,272$1,215,520$717,596$3,795,591
79$5,441,397$1,227,116$693,672$4,108,065
80$5,946,945$1,237,770$667,435$4,450,950
81$6,502,500$1,247,388$638,760$4,827,334
82$7,113,114$1,255,869$607,518$5,240,624
83$7,784,352$1,263,107$573,571$5,694,576
84$8,522,347$1,268,990$536,776$6,193,327
85$9,333,852$1,273,397$496,984$6,741,442
86$10,226,312$1,276,199$454,039$7,343,949
87$11,207,925$1,277,262$407,779$8,006,392
88$12,287,726$1,276,441$358,032$8,734,881
89$13,475,669$1,273,582$304,622$9,536,154
90$14,782,723$1,268,523$247,362$10,417,635
91$16,220,970$1,261,090$186,058$11,387,507
92$17,803,727$1,251,102$120,509$12,454,794
93$19,545,664$1,238,363$50,503$13,629,438
94$21,462,947$1,222,667$0$14,922,400
95$23,573,386$1,203,796$0$16,350,410
96$25,896,608$1,181,519$0$17,932,789
97$28,454,239$1,155,591$0$19,674,552
98$31,270,109$1,125,752$0$21,591,924
99$34,370,473$1,091,727$0$23,702,787
100$37,784,265$1,053,225$0$26,026,848